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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Plan, Manage, and Execute Detailed Schedules | 16% | - Scheduling techniques and execution
|
| Topic 2: Plan and Manage Demand | 9% | - Demand forecasting and planning
|
| Topic 3: Plan and Manage Distribution | 5% | - Distribution network and logistics
|
| Topic 4: Plan and Manage Inventory | 19% | - Inventory principles and control
|
| Topic 5: Plan and Manage Supply | 16% | - Supply planning and execution
|
| Topic 6: Conduct Sales and Operations Planning (S&OP) to Support Strategy | 9% | - S&OP process and purpose
|
| Topic 7: Align the Supply Chain to Support the Business Strategy | 15% | - Supply chain environment and strategy alignment
|
| Topic 8: Manage Quality, Continuous Improvement, and Technology | 11% | - Quality management and improvement
|
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NEW QUESTION # 55
Which of the following techniques would a group use to prioritize problems?
Answer: B
Explanation:
Pareto analysis is a technique for separating input factors with the greatest impact on an outcome and prioritizing them based on their scores. It is based on the 80-20 rule, which states that 80% of a project's benefit or problems can be achieved by doing 20% of the work or fixing 20% of the causes. Pareto analysis helps to identify the top portion of causes that need to be addressed to resolve the majority of problems. Pareto Analysis - Overview, Limitations, Pareto Diagram References: Pareto analysis - Wikipedia, What Is Pareto Analysis? How to Create a Pareto Chart and Example, APICS CPIM Part 1 Exam Content Manual (page 14)
NEW QUESTION # 56
Which of the following circumstances would cause a move from acceptance sampling to 100% inspection?
Answer: D
Explanation:
Acceptance sampling is a statistical quality control technique that involves inspecting a sample of products or materials from a lot and deciding whether to accept or reject the lot based on the sample results1. Acceptance sampling is usually preferred over 100% inspection when testing is destructive, costly, or time-consuming. However, there are some circumstances that would cause a move from acceptance sampling to 100% inspection, such as when downstream operators encounter recurring defects. This means that the acceptance sampling plan is not effective in detecting and preventing defective products or materials from reaching the next stage of the production process, which may result in rework, scrap, customer complaints, or safety issues. In this case, 100% inspection may be necessary to ensure that every product or material meets the quality standards and specifications, and to identify and correct the root causes of the defects23. Reference: 1 Acceptance sampling - Wikipedia 4 2 100% Inspection or Sampling Inspection? Which is Best5 3 CPIM Exam Reference - Association for Supply Chain Management 1
NEW QUESTION # 57
A reduction In purchased lot sizes will reduce which of the following items?
Answer: A
Explanation:
A reduction in purchased lot sizes means ordering smaller quantities of materials more frequently. This reduces the average inventory level and the carrying cost of inventory. However, it also increases the frequency of orders and the ordering cost. The reorder point (ROP) is the level of inventory that triggers a new order, and it depends on the demand rate, the lead time, and the safety stock. The ROP is not affected by the lot size, unless the demand or the lead time changes. The setup time is the time required to prepare a machine or a process for production, and it is not related to the purchased lot size. References: EXAM CONTENT MANUAL PREVIEW, page 14, section 6.1.2. Manufacturing Planning and Control for Supply Chain Management: The CPIM Reference, Second Edition, page 433, section 12.4.
NEW QUESTION # 58
Which of the following mechanisms should a practitioner focus on for the MOST effective information security continuous monitoring?
Answer: D
NEW QUESTION # 59
Increased use of third-party logistics (3PL) services is likely to have which of the following effects on a firm's balance sheet?
Answer: D
Explanation:
Third-party logistics (3PL) services are external providers that handle various supply chain functions for a firm, such as transportation, warehousing, inventory management, and order fulfillment. By outsourcing these functions to a 3PL, a firm can reduce its investment in fixed assets, such as trucks, trailers, warehouses, and equipment. This can improve the firm's liquidity and return on assets ratios, as well as lower its depreciation and maintenance costs. However, usinga 3PL does not necessarily affect the firm's retained earnings, accounts receivable, or intangible assets, which are influenced by other factors, such as profitability, sales, and goodwill. References:
*Third-Party Logistics (3PL) Guide: Process, Resources, And Benefits
*3PLs, Explained: The Complete Guide to Third-Party Logistics
*Understanding 3PL: The Role of Third-Party Logistics in 2024
NEW QUESTION # 60
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